University Michigan Sentiment (Final, for April): 52.2 (Forecast 50.5, Previous 50.8)
- University Michigan Conditions Final Actual 59.8 (Forecast 56, Previous 56.5)
- University Michigan Expectations Final: 47.3 (Forecast 46.3, Previous 47.2)
University Michigan 5 Yr Inflation Final: 4.4% (Forecast 4.4%, Previous 4.4%)
- University Michigan 1 Yr Inflation: 6.5% (Forecast 6.8%, Previous 6.7%)
Sentiments on Wall Street are mixed; US30 almost didn't react to slightly better UoM reading for stocks, still losing 0.55%. US30 is traded today still almost 1800 pts below EMA200.
Source: xStation5
Source: Conference Board, Macrobond, University of Michigan, XTB Research
Daily summary: Weak US data drags markets down, precious metals under pressure again!
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